Linde stock: Bernstein trims target for Linde stock to USD 562.00

Published on 10/21/2026 at 15:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 9.29 billion in the second quarter. Linde stock costs EUR 445.80 on October 21, 2026, 0.72 percent above the Xetra close.

Analyst target and reporting date

Bernstein cut its Linde target from USD 563.00 to USD 562.00 on October 19, 2026.
Linde reported USD 9.29 billion of second-quarter revenue, up 9.30 percent year over year.
Linde stock costs EUR 445.80 at Lang & Schwarz on October 21, 2026 at 5:37 p.m. CEST, 0.72 percent above the Xetra close of October 20, 2026, and 7.01 percent below its EUR 479.40 52-week high.
Linde is scheduled to publish third-quarter 2026 results on October 29, 2026.

Industriegasanlage mit Tanks und Dampf bei Sonnenaufgang, Symbolbild für Linde plc — Fotorealistische Aufnahme einer Industriegas-Anlage bei Sonnenaufgang symbolisiert das Unternehmen Linde plc, ISIN IE000S9YS4E6, Chemiesektor heute, Illustration mit AI erstellt.

Linde stock is trading at EUR 445.80 at Lang & Schwarz on October 21, 2026 at 5:37 p.m. CEST, 0.72 percent above the Xetra close of October 20, 2026 at EUR 442.60. According to Fidelity on October 19, 2026, Bernstein reduced its price target for Linde from USD 563.00 to USD 562.00.

Revenue growth stays measurable

Linde reported USD 9.29 billion in revenue for the second quarter of 2026, up 9.30 percent from the prior-year quarter, according to Wallstreet Online. The same report put adjusted earnings per share at USD 4.50 and adjusted operating margin at 29.50 percent. Linde's standardized financial statements show consolidated operating profit of USD 2.55 billion for the period.

Stock remains below its yearly high

The EUR 445.80 quote is 7.01 percent below Linde's 52-week high of EUR 479.40 and 34.10 percent above its EUR 332.40 low. The same market series lists a day range of EUR 440.80 to EUR 447.20 and volume of 8,662 shares on October 21, 2026.

Valuation meets a firm date

Linde's price-to-earnings ratio is 32.42, while market capitalization is EUR 204.4 billion as of October 21, 2026. Its investor page identifies Nasdaq as the primary exchange and listed USD 501.89 at 4:35 p.m. EDT on October 20, 2026. Bernstein's USD 562.00 target is 11.98 percent above that USD 501.89 Nasdaq quote.

Linde has scheduled its third-quarter 2026 earnings release and conference call for October 29, 2026, according to Linde. The date gives investors the next formal checkpoint after the second-quarter revenue increase and the recent analyst target revision.

Comparison with peers

Linde: 0.72 percent above the Xetra close, P/E 32.42, market capitalization EUR 204.4 billion.

Air Products and Chemicals (NYSE, USD): down 0.33 percent, market capitalization USD 67.2 billion.

Air Liquide (Euronext Paris, EUR): up 0.79 percent, P/E 29.72, market capitalization EUR 110.5 billion.

Next checkpoint is October 29

Linde combines a 9.30 percent year-over-year revenue increase in the second quarter with a 32.42 valuation multiple and a 7.01 percent gap to its 52-week high. The further course of trading is shown by the continuously updated real-time quote of Linde stock.